Technology GBPUSD
GBPUSD is traded with the lowest new level for today and New Low for the week.
The price has now collapsed less than the lowest level this week at 1.2878. The depression reached the return to March 5, 1.28608. Moving below the land area, they will have traders looking to RISING 200 Bar MA on the graph for 4 hours at 1.2849. MA 200 days less than 1.28116.
The movements below levels increase the decreased bias.
On the contrary, if you are a buyer, this area should be an interesting area with a stop at a break less than 200 days.